Based in Munich, Germany BITREAL Capital GmbH officially registered by the Federal financial Supervisory authority of Germany (BaFin) as a hybrid investment Fund that uses as main tools of crypto-currencies and real estate. It is reported by the Finance Magnates.
BITREAL Blockchain Real Estate Opportunities Fund 1 (BREBCO 1) will be Germany’s first investment Fund of this kind, and the company plans to achieve the capital stock in the amount of EUR 40 million ($48.95 million).
The Fund will be open to a wide range of investors – both professional and semi-professional, however, the minimum investment amount to 500,000 euros ($612 000).
Financial profit the Fund intends to extract through investments in the most liquid cryptocurrency and tokens, as well as in commercial real estate class AA. This is intended to minimize investment risks routinely faced by cryptocurrency funds and ensure higher revenue potential.
According to Fund managers, investment cycle BREBCO 1 will be seven years old with an income of 15% per annum, while the deposits will be made in bitcoin and Ether, with direct Bank payments in euros.
We will remind, earlier this month, the second largest stock exchange of Germany has announced the launch of the app for trading cryptocurrencies.